MARKET INFRASTRUCTURE

Crypto / Digital Assets

Goldman, MSCI, Coin Metrics Launch Taxonomy for Digital Assets

By Editors | 07/11/2022

The taxonomy classifies coins and tokens based on how they are used to facilitate digital asset portfolio analysis, monitoring, benchmarking, and risk management.

Market Infrastructure

APRA Set to Undergo First Review by New Monitoring Body

By Editors | 07/11/2022

The FRAA will focus its first review of APRA on its supervision and resolution functions in relation to superannuation.

Market Infrastructure

MAS to Ban Payment for Order Flow from 1 April 2023

By Manesh Samtani | 07/11/2022

Brokers “should not receive PFOF in placing and/or executing customers’ orders” because it “introduces conflicts of interests” and is “likely to cause harm to customers”, MAS says.

Market Infrastructure

ChinaClear Consults on Trading Calendar for Stock Connect

By Editors | 07/11/2022

Stock Connect will be able to trade on any day when both the Mainland and Hong Kong markets are open, even if the corresponding settlement day falls on a public holiday.

Fintech / Regtech

SEBI Drafts Cloud Adoption Framework for Regulated Entities

By Manesh Samtani | 06/11/2022

The framework says there are “no limitations” on the use of any cloud deployment models, but provision must only be from data centres empanelled by MeitY.

Crypto / Digital Assets

NY Fed Issues Phase One Report on Wholesale CBDC Research

By Editors | 04/11/2022

In the test environment, wholesale CBDC transactions on a blockchain-enabled distributed ledger system settled in under 15 seconds on average.

Capital / Liquidity

SGX RegCo Refines CDP Margining Framework & Clearing Fund

By Sanday Chongo Kabange | 04/11/2022

Margin rates will be differentiated based on different risk profiles of securities. Margin offsets will be introduced to account for diversification effects. Anti-procyclicality measures will be enhanced.

Securities / Derivatives

Bangladesh, UAE Regulators to Collaborate on Capital Markets

By Editors | 03/11/2022

BSEC has signed MoUs with both the UAE’s Securities And Commodities Authority and the DFSA to improve investor protection and capital markets.

Capital / Liquidity

BIS Report Offers Guidance on Managing FX and Capital Flow Volatility

By Editors | 03/11/2022

Financial authorities should advance their FX market monitoring approaches, further develop onshore hedging markets, and introduce temporary capital flow management measures.